Transferring tenant deposit/bond to the bond authority (APAC only)

Owned by Fiona Hardy
Last updated: Jul 20, 2022
2 min read

This guide has been reviewed against our global client base and classed as relevant to APAC only

This page explains the process to use to transfer a deposit/bond to the bond authority

The Manage Deposit/Bond screen provides information regarding the details of the deposit/bond held and details of the authority holding the funds

1. Set the deposit Held By details

From the tenancy, Financial & Renewals screen:

  • In the Held by field, set to Bond Authority

To continue to the next step, the deposit invoice needs to be raised and paid

2. Enter deposit details

From the tenancy:

  • In the Accounts panel, beside the Deposit field, click Manage

    In Transferred Out panel, the option to transfer To Bond Authority will be highlighted


  • Click the To Bond Authority link and follow the on-screen prompts to confirm the amount to be transferred

  • Once completed, details of the transfer will be displayed

Only cleared funds can be transferred

3. Make payment to third party via ABA and Cheque Run

  • Payment should be processed and the remittance printed and sent, along with any required bond lodgement forms

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